D.C. Speaks: Leslie of Calif., Tough Privacy Bills Will Come

WASHINGTON - Tim Leslie, whose tenure as chairman of the California Senate Finance Committee effectively ended Thursday, leaves with a warning for bankers: Your opposition to my bill, which would have strengthened consumer privacy protections, was misguided - and opens the door for something more onerous.

"California could have had a good, strong, well-thought-out, as business-friendly as possible opt-out privacy bill," says the lawmaker, one of the few Republicans to have led a committee in the Democrat-controlled Legislature.